MOSCOW—Russia appears to be moving toward allowing cross-border settlements in cryptocurrency.
Fresh Today
NEW YORK—Nasdaq has introduced Nasdaq Digital Assets, a new business aimed at the digital asset ecosystem.
SCOTTSDALE, Ariz.—Although it arrived later to market than many of the P2P solutions, Zelle is reporting has processed more than five-billion transactions worth nearly $1.5 trillion in its first five years of business.
WASHINGTON—NAFCU and CUNA joined with a group of other financial services trade groups in a letter to Congress, urging lawmakers to reject the latest effort of Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) to attach the Credit Card Competition Act (CCCA) as an amendment for consideration to the fiscal year 2023 National Defense Authorization Act (NDAA).
NASHVILLE, Tenn.–The Corporate Credit Union Alliance is urging the Senate Armed Services Committee to include language in the National Defense Authorization Act that would make permanent the temporary enhancements and improvements made to NCUA's Central Liquidity Facility (CLF) over the last three years.
WASHINGTON–Both CUNA and NAFCU have expressed opposition to a recent announcement by the Federal Reserve that it had finalized updates to the Board’s Regulation II rule, which states card issuers must authorize “at least two payment card networks” on card-not-present transactions, including online.
ROME, N.Y.– AmeriCU said effective this month it is providing all of its employees with a “Personal Day of Meaning” (PDM) for all employees beginning this month. According to the credit union, the Personal Day of Meaning is paid time off that employees will have available to use to volunteer at a charitable organization of their choice.
NEW YORK–The rapid pace of rate hikes by the Fed and the accompanying increase in mortgage rates has led to an “interesting statistical anomaly” in the housing market, according to a new report.
ARLINGTON, Va.—Total vehicle sales rose to 13.5 in September from 13.1 million annualized units in August, with monthly sales levels up 9.6% year-over-year.
PORTLAND, Maine—Town & Country FCU is expanding its partnership with Co-op Solutions to move beyond its debit processing to full-service credit processing, as well as participation in the nationwide Co-op ATM network.